Lutheran Park Corporation
Lutheran Park Corporation consistently operates near break-even with no reported officer compensation.
EIN: 208251512 · Fort Wayne, IN · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $181K |
| Program Spending | 90% |
| Net Assets | $909K |
| Transparency Score | 85/100 |
Is Lutheran Park Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lutheran Park Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lutheran Park Corporation
Lutheran Park Corporation (EIN: 208251512) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code A80. The organization reported total revenue of $214K and total assets of $924K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lutheran Park Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lutheran Park Corporation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $181K |
| Surplus / Deficit | +$32K |
| Total Assets | $924K |
| Total Liabilities | $15K |
| Net Assets | $909K |
| Operating Margin | 15.1% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 61.1 months |
Financial Health Grade: A
In 2020, Lutheran Park Corporation reported a surplus of $32K with revenue exceeding expenses, holds 61.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Lutheran Park Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -1.0% | -16.0% | +4.7% |
| 2019 | +1.6% | -10.7% | -1.3% |
| 2018 | +3.0% | +11.7% | -1.7% |
| 2017 | -7.1% | -5.6% | -1.3% |
| 2016 | +0.5% | -11.8% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lutheran Park Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Lutheran Park Corporation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or their compensation is below IRS reporting thresholds, which is highly favorable for donor funds being directed to the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lutheran Park Corporation's IRS 990 filings:
- Frequent periods of expenses exceeding revenue, potentially indicating reliance on reserves or non-operating income to cover costs.
Strengths
The following positive indicators were identified for Lutheran Park Corporation:
- Consistent revenue generation over $200,000 annually.
- Strong and stable asset base, consistently over $900,000.
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Significant reduction in liabilities over the past several years, improving financial health.
- Long history of IRS 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Lutheran Park Corporation
Is Lutheran Park Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lutheran Park Corporation (EIN: 208251512) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Lutheran Park Corporation spend its money?
Lutheran Park Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lutheran Park Corporation tax-deductible?
Lutheran Park Corporation is registered as a tax-exempt nonprofit (EIN: 208251512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lutheran Park Corporation's spending goes to programs?
Lutheran Park Corporation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lutheran Park Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lutheran Park Corporation is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lutheran Park Corporation located?
Lutheran Park Corporation is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 208251512. It is classified under NTEE code A80.
How many years of IRS 990 filings does Lutheran Park Corporation have?
Lutheran Park Corporation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $214K in total revenue.
Is Lutheran Park Corporation financially stable?
Yes, the organization appears financially stable, consistently generating over $200,000 in revenue and maintaining a strong asset base of over $900,000. While expenses sometimes exceed revenue, the overall trend shows a well-managed balance sheet with decreasing liabilities.
How efficient is Lutheran Park Corporation with its spending?
The organization appears highly efficient, especially given the consistent 0% reported officer compensation. This suggests a significant portion of funds, likely over 90%, is directed towards program services and essential operations, with minimal overhead for executive salaries.
Does Lutheran Park Corporation have high administrative costs?
Based on the 0% reported officer compensation, it is highly unlikely that Lutheran Park Corporation has high administrative costs. This indicates a lean operational structure where administrative overhead is kept to a minimum.
What is the trend in Lutheran Park Corporation's assets and liabilities?
Assets have remained relatively stable, fluctuating around $900,000-$1,000,000 over the past decade, with $924,002 in 2020. Liabilities have shown a positive downward trend, significantly decreasing from $46,903 in 2014 to $14,820 in 2020, indicating improved financial health.
Filing History
IRS 990 filing history for Lutheran Park Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Lutheran Park Corporation's revenue has grown by 4%, moving from $205K to $214K. Total assets decreased by 23.3% over the same period, from $1.2M to $924K. Total functional expenses fell by 21.7%, from $232K to $181K. In its most recent filing year (2020), Lutheran Park Corporation reported a surplus of $32K, with revenue exceeding expenses. The organization holds $15K in liabilities against $924K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $909K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $214K | $181K | $924K | $15K | — | View 990 |
| 2019 | $216K | $216K | $882K | $5K | — | View 990 |
| 2018 | $213K | $242K | $894K | $17K | — | — |
| 2017 | $206K | $217K | $909K | $3K | — | — |
| 2016 | $222K | $229K | $921K | $5K | — | View 990 |
| 2015 | $221K | $260K | $960K | $21K | — | View 990 |
| 2014 | $222K | $268K | $1.0M | $47K | — | View 990 |
| 2013 | $215K | $225K | $1.0M | $7K | — | View 990 |
| 2012 | $126K | $248K | $1.1M | $34K | — | View 990 |
| 2011 | $205K | $232K | $1.2M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $214K, expenses of $181K, and assets of $924K (revenue -1.0% year-over-year).
- 2019: Revenue of $216K, expenses of $216K, and assets of $882K (revenue +1.6% year-over-year).
- 2018: Revenue of $213K, expenses of $242K, and assets of $894K (revenue +3.0% year-over-year).
- 2017: Revenue of $206K, expenses of $217K, and assets of $909K (revenue -7.1% year-over-year).
- 2016: Revenue of $222K, expenses of $229K, and assets of $921K (revenue +0.5% year-over-year).
- 2015: Revenue of $221K, expenses of $260K, and assets of $960K (revenue -0.4% year-over-year).
- 2014: Revenue of $222K, expenses of $268K, and assets of $1.0M (revenue +3.3% year-over-year).
- 2013: Revenue of $215K, expenses of $225K, and assets of $1.0M (revenue +70.6% year-over-year).
- 2012: Revenue of $126K, expenses of $248K, and assets of $1.1M (revenue -38.7% year-over-year).
- 2011: Revenue of $205K, expenses of $232K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lutheran Park Corporation:
Data Sources and Methodology
This transparency report for Lutheran Park Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.